Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low.

Winners of the oil price crash

Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low.

Photo: JAY DIRECTO, AFP/Getty Images

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China

China is second to the U.S. in crude oil consumption per day, so it will benefit from a lower import bill. And China began stockpiling oil at the end of 2014 as it looks to take advantage of future oil shocks, according to Time.

China is second to the U.S. in crude oil consumption per day, so it will benefit from a lower import bill. And China began stockpiling oil at the end of 2014 as it looks to take advantage of future oil

The second most populous country in the world consumes the fourth most barrels of oil per day. Cheaper fuel will help the country grow 7.8 percent, according to Time, likely passing China.

India

The second most populous country in the world consumes the fourth most barrels of oil per day. Cheaper fuel will help the country grow 7.8 percent, according to Time, likely passing China.

Photo: MANJUNATH KIRAN, AFP / Getty Images

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The Philippines

Oxford Economics says amongst countries that import more crude than they produce, the Philippines stands to read the biggest rewards. The research firm expects the island nation to see nearly 2 percent GDP growth if oil prices stay low.

Oil and natural gas tankers are in high demand as the market gets flooded with cheap product. At the same time, low fuel prices are helping tankers keep costs low.

Tanking companies

Oil and natural gas tankers are in high demand as the market gets flooded with cheap product. At the same time, low fuel prices are helping tankers keep costs low.

Photo: Craig Hartley, Bloomberg News

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Hotels

Thanksgiving 2014 saw the highest travel volume since 2007. Lodging companies expect that trend to continue as more Americans take advantage of cheaper gasoline prices to take vacations.

Hotels

Thanksgiving 2014 saw the highest travel volume since 2007. Lodging companies expect that trend to continue as more Americans take advantage of cheaper gasoline prices to take vacations.

Photo: John Locher, Associated Press

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Cruise lines

Cruise lines stand to benefit not only from consumers having more money in their pocketbooks to spend on vactions, but also from cheaper fuel prices. Carnival said it expects to spend $475 million less in 2015 as crude oil prices come down.

Similarly to cruise companies, airlines will benefit both from more Americans travelling and lower fuel costs.

Airlines

Similarly to cruise companies, airlines will benefit both from more Americans travelling and lower fuel costs.

Photo: JOHANNES EISELE, AFP / Getty Images

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Food companies

Giants like Nestlé and Kraft spend 10 to 15 percent of their cost of goods on frieght and fuel, according to a Moody's report.

Food companies

Giants like Nestlé and Kraft spend 10 to 15 percent of their cost of goods on frieght and fuel, according to a Moody's report.

Photo: Justin Sullivan, Getty Images

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Logging and paper product companies

The costs for hauling logs, wood pulp and recycled waste paper are expected to fall with lower oil prices. And with heavily forrested countries like Canada and Norway seeing their currencies take a hit as oil prices crater, logging companies operating there will get stronger cost advantages.

Amusement parks like Six Flags and Cedar Fair stand to have a booming summer this year if gasoline prices remain low and encourage Americans to travel, according to Moody's.

Theme parks

Amusement parks like Six Flags and Cedar Fair stand to have a booming summer this year if gasoline prices remain low and encourage Americans to travel, according to Moody's.

Photo: Sanjit Das, Bloomberg

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Losers of the oil price crash

Meahwile, countries that rely on oil production and industries that provide stand to lose the most amid a price crash.

Losers of the oil price crash

Meahwile, countries that rely on oil production and industries that provide stand to lose the most amid a price crash.

Photo: Richard Drew, Associated Press

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Russia

Russia is the second biggest oil producer in the world, and crude oil makes up 70 percent of the country's exports. According to the BBC, Russia loses about $2 billion in revenue for ever $1 drop in the price of oil.

Russia is the second biggest oil producer in the world, and crude oil makes up 70 percent of the country's exports. According to the BBC, Russia loses about $2 billion in revenue for ever $1 drop in the

The South American country, which relies on its oil and gas industry for revenue, has seen its economy falter and may default on its debt.

Venezuela

The South American country, which relies on its oil and gas industry for revenue, has seen its economy falter and may default on its debt.

Photo: Meridith Kohut, Bloomberg

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Nigeria

The Western African country needs oil prices to rise to more than $120 to balance its budget.

Nigeria

The Western African country needs oil prices to rise to more than $120 to balance its budget.

Photo: PIUS UTOMI EKPEI, AFP / Getty Images

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Island countries hoping for an offshore oil boom

Small island countries like Greenland and Cyprus were banking on offshore drilling for oil and gas to boost their economies. With crude prices low and the cost of deepwater drilling still high, those prospects seem more unlikely.

Companies like US Steel and Evraz North America that provide pipeline products to the oil and gas industry will likely suffer as oil field spending falls.

The steel industry

Companies like US Steel and Evraz North America that provide pipeline products to the oil and gas industry will likely suffer as oil field spending falls.

Photo: AL Grillo, Associated Press

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The aerospace industry

Low oil prices will not benefit companies like Boeing and Airbus Group even as their airline customers get a boost -- cheap fuel will deincentivize airliners from buying next-generation, fuel-efficient equipment.